PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates portfolio of casinos, racetracks, and online sports betting in various jurisdictions; and iCasino under Hollywood Casino, L’Auberge, ESPN BET, and theScore BET Sportsbook and Casino brands. The company also engages in gaming operations, such as slot machines and table games; food and beverage offerings; and hotel visitation. In addition, its portfolio includes PENN Play, customer loyalty program, which offers a set of rewards and experiences. Further, the company owns various trademarks and service marks, including Ameristar, Argosy, Boomtown, Hollywood Casino, Hollywood Gaming, L’Auberge, M Resort, PENN Entertainment, and PENN Play, as well as theScore, theScore Bet, and theScore esports. The company was formerly known as Penn National Gaming, Inc. and changed its name to PENN Entertainment, Inc. in August 2022. PENN Entertainment, Inc. was founded in 1972 and is based in Wyomissing, Pennsylvania.
Digital Dilemma | PENN Entertainment grapples with its digital strategy, balancing ESPN partnership challenges against the promising iGaming market amid fierce competition |
Financial Tightrope | High leverage and mixed performance paint a complex financial picture, with analysts projecting EBITDAR growth but citing concerns over profitability |
Retail Resilience | Explore PENN's core strength in retail casinos, with ongoing expansion projects poised to boost revenue and support EBITDAR growth in the coming years |
Valuation Verdict | Analysts set price targets ranging from $23 to $26, with the stock trading at 5.6x 2026E EBITDA compared to its long-term average of 7.1x |
Metrics to compare | PENN | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipPENNPeersSector | |
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P/E Ratio | −37.6x | 4.0x | 11.3x | |
PEG Ratio | −0.40 | 0.00 | 0.02 | |
Price/Book | 1.0x | 9.1x | 1.4x | |
Price / LTM Sales | 0.4x | 3.8x | 1.0x | |
Upside (Analyst Target) | 8.7% | 12.6% | 16.6% | |
Fair Value Upside | Unlock | 4.1% | 8.2% | Unlock |